the weak yen. it's really a question, do they really believe in the structural part of abenomics, or are they seeing the flow-through boosting wages, boosting consumption? to me the most surprising part was nonmanufacturing doing as well it is. manufacturing, that's obvious. anybody can figure that out. >> yeah. look, how long do we have to wait to see whether we get the third arrow working? >> well, i think your previous guest was saying, there's a lot of history against them. but from the end of this month when they've got a majority in both houses of parliament, they haven't got any more excuses for why nothing's happening. so i think if you reach the end of this year and, you know, they're making no progress on tpp, some of the other structural areas, then i think people will fairly quickly come to the conclusion that sure, it's a cyclical rebound that's a nice, solid cyclical rebound. once that fades, maybe there's nothing else behind it.